Korean Air has selected Air Incheon as the preferred bidder for the sale of Asiana Airlines’ global cargo business. The decision was made at the Board of Directors meeting held on June 17, says an official release from Korean Air.
“Korean Air selected Air Incheon as the preferred bidder based on several key criteria: the certainty of completing the transaction, the ability to maintain and enhance long-term competitiveness of the air cargo business, and the capability to mobilise funds…